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Sunday 11 October 2026 Export all LUV data to Excel Powerpack

Southwest Airlines Co.

LUV Industrials Airlines

Southwest Airlines Co.’s revenue for fiscal 2025 (year ended December 2025) was $28.1 billion, up 2.11% from fiscal 2024. In the quarter to June 2026, revenue grew 16.4%, EPS grew 20.0%, free cash flow grew 86.8% and total debt rose 44.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five.

41.66 0.30 +0.73%
Market cap
$20.2B
P/E
25.1×
Fwd P/E
15.0×
Dividend yield
1.73%
F-score
7/9
Altman Z
2.22
Beneish M
−2.66
Dividend safety
24/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Southwest Airlines Co. (LUV) EV/FCF

Alert me on EV/FCF

As of 9 October 2026, Southwest Airlines Co. (LUV) trades at a EV/FCF of −3,218×. Over the past ten years it has ranged from −3,900× (June 2026) to 57.6× (November 2020); the current reading is higher than 2% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 −28.9× —
FY2024 −11.4× —
FY2023 −37.9× —
FY2022 −113× —
FY2021 11.3× —
FY2020 −19.5× —
FY2019 8.3× (12.28%)
FY2018 9.4× (59.08%)
FY2017 23.0× 59.93%
FY2016 14.4× (41.22%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 −3,900× —
Mar 2026 −98.9× —
Dec 2025 −28.9× —
Sep 2025 −70.8× —
42 more quarters

Against its own ten years

Low −3,900× High 57.6×
Ten-year median 10.4×
Current reading's percentile 2

EV/FCF against peers

Company EV/FCF
LUV Southwest Airlines Co. −3,218×
ALK Alaska Air Group, Inc. compare −14.4×
LTM LATAM Airlines Group S.A. compare 8.8×
RYAAY Ryanair Holdings PLC compare 12.7×
UAL United Airlines Holdings Inc compare 17.0×
DAL Delta Air Lines, Inc. compare 18.5×
CPA Copa Holdings, S.A. compare 36.7×
AAL American Airlines Group Inc. compare 101×
ZNH China Southern Airlines Company Limited compare —

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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